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20121202
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Search Results 0 to 8 of about 9 (some duplicates have been removed)
clinton had in his taxes. if we don't do that, the problem is pressure is on spending even more. i think we need to make the defense cuts. we want to minimize human services cuts. the best way to do that is go back to clinton era taxes. i actually have mixed feelings about striking a deal where the rich folks pay more taxes. i think they should pay more taxes, but i actually think going off clithe cliff is a bet solution than just charging people who make a lot of money what they were paying when bill clinton was president. >> the clinton tax rates worked well, and when you look at where we really are today, although the democrats are playing really tough on these top tax rates, they have conceded about 75% of the tax debate to republicans by agreeing with them on all of the otherç rates. >> that is true, aalthough there is a matter of timing. you know, i think part of what you have to look at here is it's really hrepublicans who force this conversation about having deficit reduction right now. we shouldn't have deficit reduction right now. we should focus on jobs and employment and co
bowles idea. they summarized the testimony that the bill clinton chief of staff last year gave about what he thought might kind of be a workable budget deal way back then. because bowles is a democrat, the republicans thought they he could try to pretend that agreeing with a single democrat means that they are actually willing to compromise big time even though erskine bowles is a very easy democrat to negotiate with, unlike the actual elected democrats in washington. in other words, erskine bowles is willing to compromise on things or was willing to compromise on things that the democrats are not willing to co comp pro mice on. which means that it's utterly meaningless on your way to try to get a deal with the president of the united states. erskine bowles' proposal included a $600 billion cut in medicare spending which he achieved by raising the medicare eligibility age. so republicans just proposed raising the eligibility age for medicare, a proposal that polls show is supported by a full 30% of the american people and rejected by only 67% of them. white house communications director d
circumstances. >> cenk: it is tough. all i can say that benjamin met yahoo was in the hillary clinton video. maybe he's waiting for 2016. thank you for your time tonight. >> thank you eliot. >> e [ ♪ theme ♪ ] >> bill: hey, good morning everybody. what do you say? it is tuesday, december 4. so good to see you today. welcome to the "full court press" here on current tv. your new progressive morning show. the only progressive morning show anywhere on cable television in this country. good to have you with us this morning. we will tell you -- bring you up to date on all of the latest news of the day and take your calls at 1-866-55-press. and word is out this morning that roger ails told david petraeus when he was still in iraq that he should quit and run for president of the united states against barack obama and if he did so, roger ails said he would quit fox news and run his campaign. how about it. don't tell me fox news is not the broadcast arm of the republican party. that proves it! all right. we'll get into that and a w
. >> mark zandi said returning to clinton-era tax rates would hurt the economy but is necessary to get the deficit under control. his comments came at a forum and also bush administration lawrence lindsay and clinton white house chief of staff. >> thank you so much and thank you chairman bachus for turning us and turn it over to peter cook who will moderate our tax panel on tax reform. >> i got a feeling you have to head back to the hill. we hope to come up with some answers and ideas from this panel. we have -- we'll write them down. i'll hand them to your staffer. you hear the mission. we have to come up with some ideas that can pass congress and meet with everyone's approval, so no small task. there are some new faces at the table and again, we want to welcome all of you and go around the table and introduce at least our new faces. we have got the brookings institution who has done a lot on fiscal issues. we have the lindsay group, former economic adviser to president bush. welcome. we have the chairman for the center of american progress. former chief of staff of bill clinton. john
brought back to where they were under clinton. that's the catalyst that has to be brought home to republicans. they can make the deal whenever but they best make it now. if they make it late there will be hell to pay for all of us, including them. the people running the government. the politicians. good politicians don't take their countries off of cliffs. that's "hardball" for now. thanks for being with us. "politicsnation" with al sharpton starts right now. >>> thanks, chris. and thanks to you for tuning in. i'm live from washington, d.c. tonight's lead, the end of an era. for more than 20 years republicans have calmed to the one policy that's crippled our ability to get things done in washington. do you remember this? >> read my lips. no new taxes. >> read my lips, no new taxes. george h.w. bush hammered that mantra to win the white house in 1988. but just two years later, the reagan deficits were skyrocketing and president bush was forced to change his most famous line. >> long and bitter battle over the budget officially ended last night. president bush put his signature o
tax rates for the wealthiest among us an economic growth. first during the clinton administration, the top marginal tax rate was raised on the wealthiest individuals and the economy grew at its fastest rate in a generation. it added more than 22 million jobs. during the following eight years, the top marginal rate dax tax rate was lower, but economy never regained its strength from the reviews decade. job growth slowed and wages stagnated. middle-class families are vulnerable when the recession began at the end of 2007. i hope this hearing is helpful not just in this hearing, but across this country to people who are watching and waiting for congress to act. i will say more at the end about some of our members who are leaving. it has been an honor for me to serve as chairman of this committee and also served with my friend, kevin brady, as vice chair. he has been great to work with. i hope there'll be bipartisan success in congress. i look forward to working with him as i change seats in the senate for the next congress. -- in a sense for the next congress. i am grateful to our wi
for a short time. we need to leave in a better shape. thank you. [applause] >> going back to clinton era tax rates on the rich will do less economic damage than other revenue raising options. here is part of a tax reform panel that featured lawrence john podesta.hn p >> thank you. i will turn the stage back to either cook from bloomberg. he will moderate -- to peter cook from bloomberg. he will moderate the discussion. >> we hope to come up with some answers from this esteemed panel. >> [inaudible] >> you heard it here folks. we need to come up with some ideas. thank you, chairman baucus. there are some new faces at the table. again, welcome to all of you. we will go around the table quickly and introduce at least our new faces. we have bill gale from the brookings institution. he has done a lot on tax and fiscal issues. we have lindsay, a former economic advisor for president bush. welcome. john podesta and chief of staff to bill clinton. welcome. john has to leave us a little bit early. i will go to him first when we begin. we also have the co-director of bill. we have will marshal as well
Search Results 0 to 8 of about 9 (some duplicates have been removed)